2-bed · 1,396 sqftShams 2, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Shams 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 1.9M1 October 2007
Current rentAED 155K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Shams 2

What is 304 worth today?

Last sold for AED 1,900,000 in 2007

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22 Aug 2025RentedRenewal
AED 155,002/yr3 months · AED 111 per sqft
22 Aug 2024RentedNew contract
AED 155,000/yr12 months · AED 111 per sqft
3 Aug 2023RentedRenewal
AED 99,000/yr12 months · AED 71 per sqft
3 Aug 2022RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
3 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 54 per sqft
3 Aug 2019RentedNew contract
AED 87,000/yr12 months · AED 62 per sqft
15 Apr 2018RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
15 Apr 2017RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
3rd of 41
Parking
B302
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,700 /yr
Last sold
AED 1.9M · October 2007
Building
Shams 2

About 304, Shams 2

304 is a two-bedroom apartment of 1,396 sqft on the 3rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 October 2007 for AED 1,900,000, or AED 1,360 per sqft, 67% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 155,002 a year: a gross yield of 8.2% on the 2007 price, before the service charge of about AED 25,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Shams 2
1M2M2007201220172022Typical sale price by year: 2007 AED 1,075,000; 2008 AED 1,650,000; 2009 AED 1,300,000; 2010 AED 1,175,000; 2011 AED 1,200,000; 2012 AED 1,440,000; 2013 AED 1,700,000; 2014 AED 2,200,000; 2015 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 1,575,000; 2019 AED 1,400,000; 2020 AED 1,075,000; 2021 AED 1,350,000; 2022 AED 1,662,500; 2023 AED 2,000,000; 2024 AED 2,290,000; 2025 AED 2,150,000Sold by developer, September 2007: AED 1,075,000 (AED 770 per sqft)Sold, October 2007: AED 1,900,000 (AED 1,360 per sqft)

304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 112,500; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 126,000; 2025 AED 135,596; 2026 AED 135,000New contract, April 2013: AED 75,000 a yearNew contract, April 2015: AED 91,000 a yearRenewal, April 2016: AED 100,000 a yearRenewal, April 2017: AED 105,000 a yearRenewal, April 2018: AED 105,000 a yearNew contract, August 2019: AED 87,000 a yearRenewal, August 2021: AED 75,000 a yearRenewal, August 2022: AED 90,000 a yearRenewal, August 2023: AED 99,000 a yearNew contract, August 2024: AED 155,000 a yearRenewal, August 2025: AED 155,002 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shams 2, and where 304 sits

All 97 2-beds →

304 last sold in October 2007 at AED 1,360 per sqft, 67% above what two-beds in Shams 2 were fetching at the time (AED 814). 304's AED 155,002 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20252,000,000
21 Apr 20252,400,000
13 Mar 20251,830,000
4 Feb 20252,300,000
0 2-bed sales in the last 12 months

Shams 2

Building

154 apartments, 1-bed to 3-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,556
Typical sale
AED 2.6M
Typical rent
AED 135K /yr
Typical yield
6.3%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 3rd floor

All 154 units in Shams 2
Value
3013-bedAED 1.9M · Oct 2007
3022-bedAED 1.4M · Oct 2007
3033-bedAED 1.9M · Oct 2007

304, Shams 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 1,075,000, last on 1 October 2007 for AED 1,900,000 (AED 1,360 per sqft).
  • Rented since April 2013 on 11 Ejari contracts, from AED 75,000 to AED 155,002 a year.
  • At AED 155,002 a year the gross yield on the 2007 price is 8.2%, before a service charge of about AED 25,700 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 22 August 2025.

Questions about 304, Shams 2

What did unit 304 last sell for?

AED 1,900,000 on 1 October 2007: AED 1,360 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.

What is the rent for unit 304?

AED 155,002 a year on the contract renewed on 22 August 2025. The previous contract, from August 2024, was AED 155,000; the unit has been rented since April 2013.

How big is unit 304?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Shams 2

Starts from the last sale price (AED 1.9M, 1 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →